TTTrane Technologies
Trane Technologies plc, a public limited company, incorporated in Ireland in 2009, and its consolidated subsidiaries (collectively we, us, our, the Company) is a global climate innovator. 10-K, Item 1
- Headquarters
- Co. Dublin, L2
- CEO
- David S. Regnery
- Next results
- around Jan 28, 2027
Dilution: new shares, stock pay and buybacks
prospectuses (S-3, 424B) of the last three years and the 10-K cash flow From EDGARShares offered
Since Nov 11, 2023: 1 shelf registration; also 1 notes offering.
- Apr 30, 2024 Shelf registration: shares and other securities, amount not fixed S-3ASR
Every offering filing →“We may offer, issue and sell the types of securities set forth above from time to time, together, separately or in some combination.”
S-3ASR, Apr 30, 2024 ↗
Diluted shares: 224.90M in the year to Dec 31, 2025 2025 -1.5%2024 -1.0%2023 -1.8%2022 -3.1%
Change in the diluted weighted average share count from the fiscal year before, stock splits taken out. Bars use one scale for stock pay and buybacks. Prospectuses are read from their cover page; preliminary ones are left out. Cash & buybacks, year by year → · How
FY2025, from the cash flow statement in the 10-K, added up.
Came from
| Operating cash flow | $3.2B |
| Shares sold | $12.6M |
| Other, net investments bought and sold, other financing and investing lines, and exchange rates |
$102.8M |
Went to
| Capital spending | $383.0M |
| Acquisitions | $276.0M |
| Buybacks | $1.5B |
| Dividends | $837.3M |
| Debt repaid | $159.1M |
| Added to cash | $173.2M |
Each number is a line of the cash flow statement as the company tagged it. "Other, net" is what those lines do not cover (investments bought and sold, other financing and investing lines, and exchange rates); Tickdelta does not estimate it.
Each CEO's years
The CEO of each fiscal year as named in the proxy's pay versus performance table, and what the 10-Ks show for those years. Facts, not a grade.
Mr. Regnery
- Operating cash flow
- $3.2B
- Capital spending
- $383.0M
- Acquisitions
- $276.0M
- Buybacks
- $1.5B
- Dividends
- $837.3M
- Stock-based pay
- $86.6M
- Diluted shares since FY2024
- -1.5%
- Revenue since FY2024
- +7%
- Debt since FY2024
- +$85.6M
- CEO pay (reported)
- $54.5M
CEO Mr. Lamach
- Operating cash flow
- $2.4B
- Capital spending
- $300.7M
- Acquisitions
- $862.8M
- Buybacks
- $669.3M
- Dividends
- $683.7M
- Stock-based pay
- $64.3M
- Diluted shares since FY2022
- -1.8%
- Revenue since FY2022
- +11%
- Debt since FY2022
- -$302.6M
- CEO pay (reported)
- $22.9M
| Fiscal year to | Buybacks | Dividends | Stock pay | Shares issued for cash | Diluted shares |
|---|---|---|---|---|---|
| 2025-12-31 | $1.5B | $837.3M | $86.6M | $12.6M | 224.90M |
| 2024-12-31 | $1.3B | $757.5M | $82.9M | $46.9M | 228.40M |
| 2023-12-31 | $669.3M | $683.7M | $64.3M | $79.3M | 230.70M |
| 2022-12-31 | $1.2B | $620.2M | $56.3M | $2.6M | 234.90M |
| 2021-12-31 | $1.1B | $561.1M | $66.5M | $78.3M | 242.30M |
From the XBRL of the 10-Ks (cash flow statement and diluted weighted average shares); each year as reported in the latest 10-K that includes it. Concepts: buybacks = PaymentsForRepurchaseOfCommonStock; dividends = PaymentsOfDividendsCommonStock; sbc = ShareBasedCompensation; issuance = ProceedsFromStockOptionsExercised; diluted_shares = WeightedAverageNumberOfDilutedSharesOutstanding.
Price paid per share
What TT paid on average for each share it bought back, each fiscal year: dollars spent divided by shares bought, both from the 10-K.
| Fiscal year to | Shares bought | Spent | Average price | |
|---|---|---|---|---|
| 2015-12-31 | 4.40M | $250.1M | $56.84 |
Shares and dollars from the statement of shareholders' equity (the cash flow line also counts shares withheld for taxes, so it is not used). Share counts filed before a stock split are put on today's count. A year where the 10-K does not tag both numbers is left out. The latest year with both numbers tagged is 2015.
Work on TT in a spreadsheet:
Excel workbook (a sheet per section, ten years by column, charts, links to the filings) ·
CSV.
For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/TT/export.csv") into a cell.